#electricity bills

The Electricity Authority of Cyprus (EAC) provided an update on Thursday regarding its modernisation efforts, cautioning that electricity prices will not significantly decrease without the introduction of natural gas. EAC ...

Regular electricity bill payers will not subsidise the additional reduced rates paid by vulnerable groups, Energy Minister George Papanastasiou said on Saturday. Moving to address rumours that forthcoming increases in ...

The energy regulator (Cera) on Wednesday ruled out a price increase on electricity bills. According to a Cera board decision, “It was decided to keep in force for the year 2024 ...

The chairman of the electricity authority (EAC) on Tuesday asked for consumers to stay patient a little longer while information regarding prices is being examined. The forecasts that led to ...

By Elias Hazou and Iole Damaskinos Speculation was ongoing on Monday as to the fate of consumers regarding electricity costs as deliberations between the electricity authority (EAC) and the energy ...

The Cyprus Electricity Authority (EAC) did not decide on electricity hikes on Friday, passing the responsibility to the Cyprus Energy Regulatory Authority (Cera) for failing to decide on price adjustments. ...

Decisions on possible electricity price hikes will be taken “responsibly” in the next few days, but a ‘favourable’ decision for consumers now may come back to bite in the future, ...

The Electricity Authority of Cyprus (EAC) may end up hiking its rates by up to 25 per cent should it win an ongoing case in court, MPs heard on Monday. Andreas ...

Why has the finance ministry not included the subsidy in part of my electricity bill for the last two months? My bill was for the period 18/05/23 until the 29/07/23 and it ...

President Nikos Christodoulides was on Monday urged by one of his government allies to get the state-run power utility to refund people in the next batch of electricity bills to ...

A growing number of citizens groups have pressed for a reinstatement of electricity subsidies in the midst of the ongoing heatwave but the official line, that state finances permit only ...

By Andria Kades and Iole Damaskinos Fuel subsidies will be scrapped but electricity bill subsidies will continue albeit more targeted towards vulnerable groups, the cabinet decided on Wednesday. The measure ...

The government is mulling extending the scheme for subsidising electricity bills, but has yet to firm up a decision, an official told MPs on Monday. Melina Katsounotou, head of the ...

The Chamber of Commerce and Industry (Keve) said on Tuesday it agrees with plans to use offshore gas reserves for power generation as soon as possible to drive down electricity ...

Subsidies for electricity bills have been extended for another two months on Wednesday, at a cost of €21 million, according to a relevant cabinet decision. Cabinet also approved a new two-month ...

Spring will bring slightly lower electricity bills for the month of April, with the EAC stating that they will be down by 6.6 per cent. The decrease is attributed and linked ...

The full bench of the Supreme Court on Wednesday decided the law on reducing VAT for electricity is unconstitutional, as it violates the separation of powers. According to the decision, ...

Officials revealed on Tuesday they plan to slash the Renewable Energy Sources (RES) charge, giving consumers some relief, although the change is not expected to impact electricity bills for several ...

Cabinet on Wednesday approved €30 million in the second supplementary state budget for this year to continue the subsidy for the increased electricity prices. The total amount of the second supplementary ...

Less than a week after EAC issued advice to consumers who believe there were discrepancies between their meter readings and their electricity bills, the authority confirmed on Wednesday that a “...

President Nicos Anastasiades on Friday urged patience as he awaits the attorney general’s opinion on whether bills approved by the House plenary on Thursday regarding VAT on fuel and ...

The next electricity bills sent out to homes are expected to be 16 per cent higher than the last, the Electricity Authority of Cyprus (EAC) said Monday. Speaking to the state ...

The legislature dives back into business this week and the next, with a packed agenda featuring a number of important bills and issues, starting with the presidential veto of a ...

As expected, President Nicos Anastasiades has vetoed a bill passed by opposition parties to cut VAT on electricity bills from 19 per cent to 9 per cent across the board for an ...